Clackamas County Bank Mortgage Rates, Fees & Info

Sandy, OR

LEI: 254900U7WUFP33SSQ460

Tax ID: 93-0140734

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Clackamas County Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Clackamas County Bank has a high proportion of conventional loans. Clackamas County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Salem, Hood River, and Bend among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Clackamas County Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    40

    Origination Dollar Volume (All Markets)

    $16,590,000

    Employee count

    58

    Top Markets

    Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.

    Market Originations Total Value Average Loan Average Fees Average Rate
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 36 $15,700,000 $436,111 $2,592 5.20%
    SALEM, OR (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
    Hood River, OR (FHA|USDA|VA) 2 $320,000 $160,000 $0 0.00%
    BEND, OR (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.00%
    Clackamas County Bank's top markets include Portland, Salem, Hood River, and Bend among others.

    Their top states include:
  • Oregon (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 25 $8,965,000 $358,600 $2,592 5.20%
    Conventional 15 $7,625,000 $508,333 $0 0.00%

    For 2018, Clackamas County Bank's most frequently originated type of loan was Conventional, with 25 originations. Their 2nd most popular type was Conventional, with 15 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 19 $9,035,000 $475,526 $2,983 5.00%
    Cash Out Refi 15 $5,775,000 $385,000 $1,810 5.35%
    Home Improvement 3 $995,000 $331,667 $0 0.00%
    Refi 3 $785,000 $261,667 $0 5.00%

    For 2018, Clackamas County Bank's most frequently cited loan purpose was Home Purchase, with 19 originations. The 2nd most popular reason was Cash Out Refi, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 32 $11,900,000 $371,875 $2,592 5.05%
    1 Year 4 $860,000 $215,000 $0 5.50%
    10 Year 2 $2,960,000 $1,480,000 $0 5.75%
    5 Year 2 $870,000 $435,000 $0 5.50%

    For 2018, Clackamas County Bank's most frequently cited loan duration was Other, with 32 originations. The 2nd most popular length was 1 Year, with 4 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 6 $2,460,000 $410,000
    $<1k 2 $70,000 $35,000
    $1k-2k 1 $165,000 $165,000

    Clackamas County Bank's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 6 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 12 $3,300,000 $275,000
    5-6% 11 $2,905,000 $264,091

    During 2018, Clackamas County Bank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 4-5%, with 12 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 17 $4,025,000 $236,765 $3,022 5.35%
    $100k-200k 8 $1,300,000 $162,500 $4,589 5.20%
    $400k-600k 8 $3,600,000 $450,000 $2,760 5.05%
    $1MM+ 4 $6,960,000 $1,740,000 $0 0.00%
    $100,000 or less 2 $70,000 $35,000 $828 4.75%
    $600k-1MM 1 $635,000 $635,000 $0 5.25%

    2018 saw Clackamas County Bank place emphasis on $200k-400k loans with 17 originations, totaling $4,025,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 5 $2,095,000 $419,000 $3,008 4.88%
    $150k-250k 5 $1,265,000 $253,000 $0 5.63%
    $250k+ 4 $1,060,000 $265,000 $0 5.00%
    $75k-100k 4 $850,000 $212,500 $2,730 4.94%
    $50k-75k 3 $765,000 $255,000 $2,270 5.38%
    $50k or less 2 $190,000 $95,000 $838 4.75%

    Clackamas County Bank lent most frequently to those with incomes in the $100k-150k range, with 5 originations. The second most popular income band? $150k-250k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 15 $7,625,000 $508,333 $0 0.00%
    20-30% 3 $235,000 $78,333 $2,081 4.67%
    38% 1 $485,000 $485,000 $3,354 5.00%
    43% 1 $425,000 $425,000 $2,401 5.00%
    44% 1 $495,000 $495,000 $2,784 5.00%
    46% 1 $445,000 $445,000 $2,501 4.50%
    50-60% 1 $395,000 $395,000 $2,270 5.00%
    30-36% 1 $215,000 $215,000 $3,774 5.00%

    Clackamas County Bank lent most frequently to those with DTI ratios of Exempt%, with 15 originations. The next most common DTI ratio? 20-30%, with 3 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 16 $10,210,000 $638,125 $0 5.38%
    White 22 $6,100,000 $277,273 $2,811 5.12%
    Asian 1 $245,000 $245,000 $0 5.75%
    American Indian 1 $35,000 $35,000 $838 4.75%

    Approval Rates

    Total approvals of all applications
    87.27%

    Clackamas County Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.00%

    Clackamas County Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 15 $7,625,000 $508,333
    NA 25 $8,965,000 $358,600

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 7 $6,915,000 $987,857
    Single Family (1-4 Units):Manufactured 3 $515,000 $171,667
    Single Family (1-4 Units):Site-Built 30 $9,160,000 $305,333

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $155,000 $155,000 $0 5.00%
    40-60% 6 $1,440,000 $240,000 $2,270 5.40%
    60-80% 16 $7,300,000 $456,250 $3,234 5.20%
    Under 20% 2 $70,000 $35,000 $828 4.75%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    CLuisMortgages, LLC Other type of mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Clackamas County Bank 2482 East Burnside Gresham, OR 97030 Full Service B&M $34,256
    Clackamas County Bank 28500 S.E. Highway 212 Boring, OR 97009 Full Service B&M $37,748
    Clackamas County Bank 38975 Proctor Blvd. Sandy, OR 97055 Full Service B&M $81,843
    Clackamas County Bank 67430 E. Highway 26 Welches, OR 97067 Full Service B&M $24,080

    For 2018, Clackamas County Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $9,101
    Net interest income $8,886
    Total noninterest income $1,416
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $293
    Trading account gains and fees $0
    Additional Noninterest Income $1,123
    Pre-tax net operating income $3,875
    Securities gains (or losses, -) $0
    Income before extraordinary items $3,864
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $3,864
    Minority interest net income $0
    Net income $3,864
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $3,864

    Clackamas County Bank's gross interest income from loans was $9,101,000.
    Clackamas County Bank's net interest income from loans was $8,886,000.
    Clackamas County Bank's fee based income from loans was $293,000.
    Clackamas County Bank's net income from loans was $3,864,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $215
    Provision for credit losses $-250
    Total noninterest expense $6,677
    Salaries and employee benefits $4,270
    Premises and equipment expense $871
    Additional noninterest expense $1,536
    Applicable income taxes $11
    Net charge-offs $-299
    Cash dividends $2,470

    Clackamas County Bank's interest expense for loans was $215,000.
    Clackamas County Bank's payroll and benefits expense were $4,270,000.
    Clackamas County Bank's property, plant and equipment expenses $871,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $175,324
    Deposits held in domestic offices $175,324
    Deposits by Individuals, partnerships, and corporations $172,037
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $3,287
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $75,908
    Demand deposits $64,524
    Nontransaction accounts $99,416
    Money market deposit accounts (MMDAs) $40,814
    Other savings deposits (excluding MMDAs) $34,092
    Total time deposits $24,509
    Total time and savings deposits $110,800
    Noninterest-bearing deposits $75,908
    Interest-bearing deposits $99,416
    Retail deposits $171,549
    IRAs and Keogh plan accounts $6,439
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $225,144
    Cash & Balances due from depository institutions $31,015
    Interest-bearing balances $28,821
    Total securities $59,577
    Federal funds sold & reverse repurchase $0
    Net loans and leases $128,733
    Loan and leases loss allowance $1,824
    Trading account assets $0
    Bank premises and fixed assets $4,663
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $1,156

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $225,144
    Total Liabilities $198,071
    Total deposits $175,324
    Interest-bearing deposits $99,416
    Deposits held in domestic offices $175,324
    % insured (estimated) $100
    Federal funds purchased and repurchase agreements $22,460
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $287

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $128,733
    Loan and leases loss allowance $1,824
    Total loans and leases (domestic) $130,557
    All real estate loans $128,657
    Real estate loans in domestic offices $128,657
    Construction and development loans $19,435
    Residential 1-4 family construction $8,900
    Other construction, all land development and other land $10,535
    Loans secured by nonfarm nonresidential properties $49,774
    Nonfarm nonresidential secured by owner-occupied properties $8,446
    Commercial real estate & other non-farm, non-residential $41,328
    Multifamily residential real estate $20,236
    1-4 family residential loans $36,360
    Farmland loans $2,852
    Loans held in foreign offices $0
    Farm loans $289
    Commercial and industrial loans $989
    To non-U.S. addressees $0
    Loans to individuals $917
    Credit card loans $0
    Related Plans $525
    Consumer Auto Loans $27
    Other loans to individuals $365
    All other loans & leases $622
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Clackamas County Bank had $128,733,000 of loans outstanding in 2018. $128,657,000 of loans were in real estate loans. $19,435,000 of loans were in development loans. $20,236,000 of loans were in multifamily mortgage loans. $36,360,000 of loans were in 1-4 family mortgage loans. $289,000 of loans were in farm loans. $0 of loans were in credit card loans. $27,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 104 $26,842 $258,096
    Nonfarm, nonresidential loans - <$100k 5 $280 $56,000
    Nonfarm, nonresidential loans - $100-250k 48 $6,724 $140,083
    Nonfarm, nonresidential loans - $250k-1MM 51 $19,838 $388,980
    Commercial & Industrial, US addressed loans - <$1MM 30 $989 $32,967
    Commercial & Industrial, US addressed loans - <$100k 24 $225 $9,375
    Commercial & Industrial, US addressed loans - $100-250k 6 $764 $127,333
    Farmland loans - <$1MM 5 $949 $189,800
    Farmland loans - $100-250k 4 $581 $145,250
    Farmland loans - $250k-1MM 1 $368 $368,000
    Agriculture operations loans - <$1MM 5 $289 $57,800
    Agriculture operations loans - <$100k 4 $109 $27,250
    Agriculture operations loans - $100-250k 1 $180 $180,000